Better Quote by Nirmala Sitharaman
“We want our exports to perform better. We want more exports. We want to reach out to more countries selling our products, and for that, a weaker rupee will be anytime better.”
About This Quote
Source Speech: Economic Policy Address, India, 2022
A weaker currency is seen as a tool to boost export competitiveness and market reach.
In simple terms: Weak rupee can help exports.
Use currency policy to support trade growth.
Themes
Mood
Type
When to use this quote
- government budgeting
- business planning
- foreign investment
Key Concepts
Questions to Reflect On
- How sustainable is this strategy long term?
Currency weakening can raise import costs for citizens.